May 06, 2026Twila Rosenbaum
Tech companies worldwide have issued a record $428.3 billion in bonds this year, primarily to finance AI data centers. US firms accounted for the majority, with debt-to-EBITDA ratios nearly doubling. Skepticism is growing over whether AI revenues will justify the massive investments.
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May 04, 2026Twila Rosenbaum
Apple has increased the Mac Mini's starting price from $599 to $799 by discontinuing the base model with 256GB of storage. CEO Tim Cook cited supply constraints and a global memory shortage as key factors, warning that Mac Mini and Mac Studio may take months to reach supply-demand balance. The price hike follows similar increases on MacBook Air and MacBook Pro models.
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May 04, 2026Twila Rosenbaum
Derrick Downey Jr., known for his viral squirrel videos, created the app DualShot Recorder to solve the problem of recording vertical and horizontal footage simultaneously. Using AI tools like Claude, he coded the app in months. It became the top paid app on the App Store within 12 hours, offering a simple, subscription-free experience.
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May 04, 2026Twila Rosenbaum
VidaBay's Snap is a set of magnetic E Ink displays that look like Polaroids. They use NFC from your phone to transfer images wirelessly, with no battery needed. The screen only shows black, white, red, and yellow, but offers a lo-fi charm. At around $30 each, they are an affordable way to decorate your fridge with ever-changing memories.
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May 04, 2026Twila Rosenbaum
AI-generated music now accounts for over 75,000 daily uploads on Deezer alone, yet most streaming services refuse to ban it. Surveys show that the majority of listeners dislike AI music and would filter it out if possible. While platforms like Apple and Spotify have introduced voluntary labeling systems, only Bandcamp has imposed a full ban. The flood of AI slop continues to grow, but actual consumption remains low and often fraudulent.
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May 03, 2026Twila Rosenbaum
A lone farmer in Tennessee successfully resisted the Tennessee Valley Authority's attempt to acquire his land for a transmission line. The line was critical to supplying electricity to new AI-powered data centers built by Google and Elon Musk's xAI. The farmer's stand highlights the growing conflict between energy demand and property rights as the legislature fails to act.
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May 02, 2026Twila Rosenbaum
The Lee family's fortune doubled to $45.5 billion in a year, driven by Samsung's AI chip boom. Samsung's HBM4 memory production for Nvidia led to record profits. However, 30,000 workers are demanding a 15% profit share and threatening an 18-day strike. The situation highlights tension between family wealth and labor rights.
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May 02, 2026Twila Rosenbaum
BMO has filed a provisional patent on a quantum algorithm for seismic forecasting and is using AI to deploy mobile banking units to wildfire-affected areas. The bank's new Institute for Applied AI & Quantum signals its commitment to cutting-edge risk technologies. While quantum advantage remains years away, BMO sees early investment as essential for climate-exposed portfolios.
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May 02, 2026Twila Rosenbaum
Meta's Q1 earnings call focused on massive AI capex while ignoring growing child safety crises: a lost addiction trial, $375M penalty, 40+ state suits, and global youth bans. CFO Li warned of 'material loss' from litigation. No investors asked Zuckerberg about children.
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